Riverbed Appoints Ernie Maddock as Chief Financial Officer

  Riverbed Appoints Ernie Maddock as Chief Financial Officer

            Randy Gottfried to retire after nine years of service

Business Wire

SAN FRANCISCO -- February 27, 2013

Riverbed Technology (NASDAQ: RVBD), the application performance company, today
announced the appointment of Ernie Maddock, currently chief financial officer
at Lam Research Corporation, to the position of chief financial officer,
effective April 29, 2013. In his role, Maddock will report to chairman and
chief executive officer Jerry M. Kennelly and will manage all of the
financial, operational and IT areas at the company. He replaces chief
operating officer and chief financial officer Randy Gottfried, who will be
retiring from Riverbed effective May 3, 2013.

Maddock has been with Lam Research for more than fifteen years, helping grow
the company into a multi-billion dollar leader in the semiconductor capital
equipment industry. While at Lam Research, in addition to his chief financial
officer role, Maddock held senior roles as vice president of customer support
and vice president of global operations. Prior to Lam Research, Maddock held a
variety of senior financial and operational positions at NCR Corporation.

“We are excited to welcome Ernie to the Riverbed team,” said Jerry M.
Kennelly. “As we move into our next phase of growth, Ernie brings a wealth of
experience and a proven track record building companies, managing operations
and working with the investment community.”

Randy Gottfried has served as Riverbed's chief financial officer since joining
the company in February 2004. “I am proud of what we have built at Riverbed
over the last nine years, as our technology and people have impacted
enterprise IT on a global scale,” said Gottfried. “I leave with tremendous
confidence both in the company’s long-term prospects and in the team that will
continue to guide Riverbed going forward.”

“We appreciate Randy’s hard work and many contributions to Riverbed,
supporting our growth from a pre-revenue start-up to a global billion-dollar
revenue company,” said Jerry M. Kennelly. “We wish him all the best in the
future.”

About Riverbed

Riverbed delivers application performance for the globally connected
enterprise. With Riverbed, enterprises can successfully and intelligently
implement strategic initiatives such as virtualization, consolidation, cloud
computing, and disaster recovery without fear of compromising performance. By
giving enterprises the platform they need to understand, optimize and
consolidate their IT, Riverbed helps enterprises to build a fast, fluid and
dynamic IT architecture that aligns with the business needs of the
organization. Additional information about Riverbed (NASDAQ: RVBD) is
available at www.riverbed.com.

Riverbed and any Riverbed product or service name or logo used herein are
trademarks of Riverbed Technology, Inc. All other trademarks used herein
belong to their respective owners.

Contact:

Riverbed Technology
Renee Lyall, 415-247-6353 (Investor Relations)
renee.lyall@riverbed.com